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An announcement from Stolt-Nielsen ( (SOIEF) ) is now available.
Stolt-Nielsen Limited has successfully completed the compulsory acquisition of all shares of Avenir LNG Limited, making it a fully owned subsidiary of Stolt-Nielsen Gas Ltd. The company plans to delist Avenir LNG from Euronext N-OTC, which is expected to occur soon. This acquisition is likely to strengthen Stolt-Nielsen’s position in the logistics and distribution sector, potentially impacting its market strategy and stakeholder interests.
More about Stolt-Nielsen
Stolt-Nielsen Limited is a long-term investor and manager of businesses with a focus on logistics, distribution, and aquaculture. The company’s portfolio includes global bulk-liquid and chemicals logistics businesses such as Stolt Tankers, Stolthaven Terminals, and Stolt Tank Containers, along with Stolt Sea Farm and various investments. Stolt-Nielsen is listed on the Oslo Stock Exchange.
YTD Price Performance: -21.07%
Average Trading Volume: 2,622
Technical Sentiment Signal: Buy
Current Market Cap: $1.12B
For detailed information about SOIEF stock, go to TipRanks’ Stock Analysis page.